neutral
Recently
Middle‐East equities diverge as oil softness hits Saudi while Egypt reaches fresh high
Gulf stock markets diverge: Saudi falls on oil weakness, Egypt hits record on local momentum.
On 9 November 2025, markets in the Gulf showed mixed performance: the Tadawul All Share Index in Saudi Arabia fell amid weak oil prices and disappointing corporate earnings, while the EGX 30 in Egypt rose to a fresh record high, supported by strong local flows and easing inflation.
Oil export economics continue to pressure Gulf markets, yet divergent trends highlight regional heterogeneity.
Investors are adjusting exposures as export-driven Gulf markets face structural challenges while diverse economies like Egypt benefit from internal drivers.